alt Hacker NewsThe EU is not going to move into China's basket, not if you mean using the yuan as a reserve currency. There's too much political risk - the value is at the control of political decisions by the CCP.
The EU is not going to move into China's basket, not if you mean using the yuan as a reserve currency. There's too much political risk - the value is at the control of political decisions by the CCP.
The EU is going to have to (very painfully) grow legs then.
The fact that the US provided the majority of weaponry, and half the money to Ukraine should have been shocking wake up call to every European. But instead the vibe seems to be "Americans are so dumb to live the way they do".